Cameron Sets Out Five Election Pledges

David Cameron has set out the five key themes of the Tory manifesto and warned of “economic chaos” unless voters back his party’s financial plan.

The detail will be fleshed out over the coming weeks but the headline aims are: getting to a budget surplus, cutting spending, cutting welfare, cracking down on tax avoidance and funding the NHS.

Speaking in Nottingham in front of the slogan “Britain living within its means”, he said he would not treat people like a “bottomless pit” to be taxed.

He said: “Nothing we want to achieve will be possible unless we eliminate our deficit and deal with our debts.

“The security of your family depends on the stability of our public finances.

“Your job, your home, the mortgage you pay, the schools your children go to, the hospital you go to when you’re ill, the streets we live on, the very stuff that makes life worthwhile in our country – all these things depend on sound public finances.”

He said more borrowing would mean higher debt interest payments, taking money away from services.

There would be higher taxes and a rise in interest rates “punishing home owners, hurting businesses, losing jobs.”

Labour leader Ed Miliband said his party will eliminate the deficit by “commonsense” spending cuts, tax rises targeted on the rich and a wage boost for the lowest-paid workers which he said would increase tax revenues and cut the bill for in-work benefits.

On Tuesday, MPs will be asked to approve a new Charter for Budget Responsibility committing the Government to a goal of eradicating the structural current deficit on a rolling three-year horizon.

Labour has said it will back the plan.

With the NHS one of the issues which is increasingly important to voters, Mr Cameron confirmed Tory plans to increase spending.

He said: “Not a penny will be cut from the NHS budget – instead it will carry on rising.

“I am a father, a son and a husband who has relied on the NHS many times.

“When you are sick, when your loved ones are ill, when you feel at your most vulnerable, you need to know the NHS is there.”

Sky’s Political Editor Faisal Islam wonders if voters have Deficit Attention Syndrome?

Source Article from https://uk.news.yahoo.com/cameron-sets-five-election-pledges-155317266.html

Cameron Sets Out Five Election Pledges